📉Crisis in Bangladesh: Textile Hub in Turmoil 📉The ongoing crisis in Bangladesh, the textile sector is in turmoil as international buyers shift their focus to India.🇮🇳 📈28 Textile companies that may benefit from this shift [A Thread].....🧵👇
✍️Arvind Ltd:
Engaged in manufacturing high-end fabrics, including denim, woven, knit fabrics and supplies advanced materials for protection, filtration, etc. 🔹M Cap: ₹10,740 Cr.
🔹P/E: 34.7
🔹CMP: ₹410
🔹3 Years Sales Growth: 15.1%
✍️Gokaldas Exports Ltd:
Co is engaged in the business of design, manufacture & sale of a wide range of garments for men, women, children & serves top global fashion brands and retailers. 🔹M Cap: ₹7,734 Cr.
🔹P/E: 59.0
🔹CMP: ₹1,083
🔹3 Years Sales Growth: 25.2%
✍️Siyaram Silk Mills Ltd:
Company manufactures fabrics and ready-to-wear garments, specializing in men's fashion, and exports to various countries including UAE, Australia, Bahrain, Bangladesh, Cambodia & Canada. 🔹M Cap: ₹2,344 Cr.
🔹P/E: 12.6
🔹CMP: ₹517
🔹3 Years Sales Growth: 24.3%
✍️S P Apparels Ltd:
It specializes in the manufacturing & export of knitted garments for men, women & children in India, primarily catering to international markets with a focus on quality & sustainability. 🔹M Cap: ₹2,335 Cr.
🔹P/E: 26.1
🔹CMP: ₹931
🔹3 Years Sales Growth: 18.6%
✍️Raymond Ltd:
Diversified group in textiles, apparel & more, present in 55+ countries with a substantial retail network & are a major player in worsted suiting fabric manufacturing. 🔹M Cap: ₹12,804 Cr.
🔹P/E: 7.65
🔹CMP: ₹1,923
🔹3 Years Sales Growth: 37.8%
✍️Trident Ltd:
Company manufactures, trades, and sells 100% cotton combed yarn, terry towels, bed sheets, and paper and chemicals. 🔹M Cap: ₹19,905 Cr.
🔹P/E: 60.5
🔹CMP: ₹39.1
🔹3 Years Sales Growth: 14.5%
✍️Vardhman Textiles Ltd:
It is a top Indian textile company with diverse operations across yarn, fabric, sewing thread, acrylic fiber, and garments. Renowned for quality & innovation, it exports to over 70 countries. 🔹M Cap: ₹15,886 Cr.
🔹P/E: 21.7
🔹CMP: ₹549
🔹3 Years Sales Growth: 15.7%
✍️Welspun Living Ltd:
It is a global leader in home textiles, offering a wide range of products, including home textiles & flooring solutions. They are recognized for innovation, branding & sustainability in the industry. 🔹M Cap: ₹18,586 Cr.
🔹P/E: 27.0
🔹CMP: ₹191
🔹3 Years Sales Growth: 9.66%
✍️Indo Count Industries Ltd:
It is engaged in the home textiles & bedding industry. The company is a manufacturer and exporter of bed sheets, bed linen and quilts. 🔹M Cap: ₹7,910 Cr.
🔹P/E: 23.1
🔹CMP: ₹399
🔹3 Years Sales Growth: 12.2%